Take Your Stop Loss or Stop Trading!

#Stocks #Trading #Money

Don't let your ego trade for you...Be smart and use good money management, if not, just quit trading cause it's not for you!
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[Interdiffusion]

Interesting how this video, which is the MOST important part of trading, gets relatively few views. I've been trading over 10 years, and still listen to this advice.

[TornadoBarrage]

If my overall account is down by one percent I place a stoploss and if it triggers I'm out and trade another day. I have less than a year trading and still have money and still learning

[taslimchowdhury]

Thanks for the video. Been trading for a year finally learned my lesson and will be using stop loss going forward. WSB & After earning.

[josephabels]

yea I wasn't sure what a stop loss was. learned it from you. but had already bought 8500 shares of a stock. that is unprotected and doing a long run on it. Now I understand what all that stuff is for. thanks Man.

[xshawnnax]

Learned this lesson this week. Was up a decent amount and got greedy and BOOM lost $. 😅 luckily only like 80$

[ermagerd]

Thanks Jared, great video as always. I've personally found risk management and trade accuracy to be what it's all about. I wouldn't even think about ramping up the size of my trades if I didn't have both of these in check first. I'm happy that I take a few tiny losses for the week and a few big winners. Keep up the great work!

[khalaf_stocks]

I got stopped out today breakeven on FDC 10min 3BP long, check it out Jared, it triggered moved a bit then " Wham " turned back aggressively . I have no anger or regret whatsoever, that will save us traders on the long run.. Thanks for the Video Jared.

[bdk]

Prob with Limit is they tend to fill regardless of price you input... whereas your entry price is based on an expectation of what you believe the stock will do If it hits that number your good in the money... but when they fill below theres a good chance it goes the other way. Wouldn't a stop buy order with a story loss be better?

As soon as im safely in the money on a trade I move my stop loss to my entry price and continue adjusting it if stock really moves sucks though stock might be up .50 but I have the SL at .40 so im leaving good chunk of money on the table at times to allow stock to move

[anarchy]

this information is crazy good. most people on reddit are saying to not do this.. like u said most people fail

[dfghdh]

But... what if I buy a stock I am content with holding long term if it tanks. Like a S&P 500 ETF. So I buy where I think it's going to go up and if it doesn't I just average down and wait for it to come back up. I buy in 10% of my account increments so I can buy 10 times total. And most of the time it never gets to that point because I am just scalping 2% gains. So I average down until I get my 2% and then start the process over again. And if it tanks and I spend all my money averaging down, it's ok because I like the ETF as a long term investment anyway.

[MoonSold]

100k subscribers but only 4k views ON THE MOST IMPORTANT VIDEO IN TRADING

[RonnieRabena]

Hey Jared, Are you talking about a stop market or a stop limit for your stop losses? Thanks. Awesome videos.

[tschill]

Why are you trading a stock with such a bad ratio of upside compared to downside ? Is this a less risk less reward strategy ?

[jgron]

Tesla is killing my head on minute, hourly, daily, it can swing either way pre market tomorrow 3/3/20. My feel is just the moves are just strategic from the stock holders to keep value on the company during crisis and working with others losses and EMOTIONAL buys and sells. Am I correct ?

[ZXRDan]

Hello. Im studying your videos before actually jumping in. However, I cant find an actual explanation of how to calculate the stop. I think the 2:1 AON might be good for me, but its hard to practice in paper trades without an actual stop loss setting method.

Thanks!

[tpks]

Hey Jared hope all is going well!

I have a quick question related to stop-loss. Does your choice to move stop-loss to break-even after obtaining 1R in paper-profits come from personal preference, or is it based off your statistics?

I'm currently confused on whether to simply trade and either only go -1R or +2R, or to set stop to break-even after +1R in profits, so what I'm doing currently is tracking both systems in my trades to see which results in better stats. I'm only 23 trades in so I know I need at-least 100 trades to get better statistics, but so far it seems that when you set stop to break-even, you lose less, but make less, where as the other way you lose more but make more.

Please do respond, I appreciate your time and helping other traders like myself on their journey!

[janklosowski]

Probably a dumb question, but how are you able to calculate risk and position size on the 2 or 5-minute chart? When the new candle opens, you have literally seconds to calculate the position size before it moves out of the desired entry zone.

[hassancherri]

I heard that market makers can see your stop loss order and they will go after it. Use mental loss or use stop loss order ???

[ravinsapariya]

please show your losing trade and trade management. more video

[Frank]

Hi for holds at different buy levels? Break even at the average of the last batch?